Obopay appoints new president

Mobile banking and payments provider Obopay Inc. has appointed Deepak Chandnani to the newly created position of president, effective immediately.

Chandnani, who is based in Mumbai, India, joined Redwood City-based Obopay in November 2008 and most recently had been in charge of global sales, marketing and business development. He will now lead global operations and continue reporting to Obopay’ founder and CEO Carol Realini.

Previously, Chandnani was CEO of Wire and Wireless Ltd. in India, managing director for NCR in India, and held various roles with Yahoo, for which he established the first office in India, and Citibank, for which he was marketing director for India.

Founded in 2005, Obopay runs a global service that allows users to send and receive money, store value on mobile phone accounts, make purchases via mobile or online and pay bills.